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Tagged with: equity
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Shawn Shumaker
2 months ago
I now have more than 20% equity in my home after 4 years of paying PMI and 1 year left. Do I still have to wait another year before PMI can be removed? Are there any other options for having it removed now?
I now have more than 20% equity in my home after 4 years of paying PMI and 1 year left. Do I still have to wait another year before PMI can be removed? Are there any other options for having it removed now?
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A Curious User
3 months ago
i own the house without mortgage. is there a fha loan for cash out? i do not want reverse mortgage .
i own the house without mortgage. is there a fha loan for cash out? i do not want reverse mortgage .
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A Curious User
5 months ago
Buying a home from my parents for $150,000 they have been gifting me equity, about $100,000. House is worth $250,000. Can $100.000 of gifted equity be use as down payment?
Buying a home from my parents for $150,000 they have been gifting me equity, about $100,000. House is worth $250,000. Can $100.000 of gifted equity be use as down payment?
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Matthew Hall... Asked 1 more question
a year ago
I am looking at purchasing a new house, this would be new construction in a planned community. I currently have an FHA loan on my current house. I have enough equity in my current home along with assets to have a 20% down payment on the next home. Is it possible to start the house and mortgage before selling my current home?
I am looking at purchasing a new house, this would be new construction in a planned community. I currently have an FHA loan on my current house. I have enough equity in my current home along with assets to have a 20% down payment on the next home. Is... (more)
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A Curious User
a year ago
I still owe $80,000 on my home and need to refinance and cash out $90,000. I had a bankruptcy 2 years and four months ago. What are my chances of getting an FHA loan?
I still owe $80,000 on my home and need to refinance and cash out $90,000. I had a bankruptcy 2 years and four months ago. What are my chances of getting an FHA loan?
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Joe Scuderi
a year ago
I have a home equity loan and am on a repayment schedule with the IRS. Can I be approved for an FHA loan? My goal is to pay debts and lower my monthy bills.
I have a home equity loan and am on a repayment schedule with the IRS. Can I be approved for an FHA loan? My goal is to pay debts and lower my monthy bills.
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I just received a letter and they said they would remove it as long as I paid them 56,000, but they weren't basing my home value at market. They were basing it off of the loan value 5 years ago. For instance, we originally borrowed 545,000 now owe 495,000- our house is worth 670,000. With a current market of 670,000 I have more than enough equity.... I am super confused
I just received a letter and they said they would remove it as long as I paid them 56,000, but they weren't basing my home value at market. They were basing it off of the loan value 5 years ago. For instance, we originally borrowed 545,000 now... (more)
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A Curious User
2 years ago
I've heard that some people refinance their homes to take the equity out and use the cash for other things. I'm more interested in paying my house off sooner. I think that at some point that equity will feel more like free rent than an extra expense.
I've heard that some people refinance their homes to take the equity out and use the cash for other things. I'm more interested in paying my house off sooner. I think that at some point that equity will feel more like free rent than an extra... (more)
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A Curious User
2 years ago
I have heard people say that borrowing against their 401k is a something worth considering. The equity on my home has gone down a little bit recently and we're underwater on the loan now. Refinancing doesn't seem to be an option for us right now.
I have heard people say that borrowing against their 401k is a something worth considering. The equity on my home has gone down a little bit recently and we're underwater on the loan now. Refinancing doesn't seem to be an option for us right... (more)
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